Ruby Tuesday to close 95 restaurants

The locations of the restaurants to be closed have not been released, but the restaurants will be shutting down quickly. According to the company's press release, the under-performing locations will stop operations by September.

Ruby Tuesday's had 724 restaurants as of May 31, and 646 of those were company-operated.

Full-time and part-time employees impacted by closures will be offered positions in nearby restaurants where possible, according to the news release.